* 1991 – George Joseph Stigler, American economist, Bank of Sweden Prize winner ( b. 1911 )

* 1911 – George Joseph Stigler, American economist, Nobel Prize laureate ( d. 1991 )

The classic exposition of the minimum wage's shortcomings in reducing poverty was provided by George Stigler in 1946:

Max Weber's article has been cited as a definitive refutation of the dependence of the economic theory of value on the laws of psychophysics by Lionel Robbins, George Stigler, and Friedrich Hayek, though the broader issue of the relation between economics and psychology has come back into the academic debate with the development of " behavioral economics.

That year, Friedman formed what would prove to be lifelong friendships with George Stigler and W. Allen Wallis.

Friedman spent the 1945 – 46 academic year teaching at the University of Minnesota ( where his friend George Stigler was employed ).

His close friend George Stigler explained, " As is customary in science, he did not win a full victory, in part because research was directed along different lines by the theory of rational expectations, a newer approach developed by Robert Lucas, also at the University of Chicago.

It was later used by John Hicks, George Stigler, and others to include the work of Carl Menger, William Stanley Jevons, John Bates Clark and many others.

Steve Keen notes, following George Stigler, that if firms do not react strategically to one another, the slope of the demand curve that a firm faces is the same as the slope of the market demand curve.

Jain proposes ( attributed to George Stigler ): " A partial equilibrium is one which is based on only a restricted range of data, a standard example is price of a single product, the prices of all other products being held fixed during the analysis.

** George Joseph Stigler, American economist, Nobel Prize laureate ( d. 1991 )

* December 1 – George Stigler, American economist, Nobel Prize laureate ( b. 1911 )

* George Stigler is awarded The Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel.

* Economics – George Stigler

* Stigler, George J., The extent and bases of monopoly, in: The American economic review, Bd.

* Stigler, George J., The theory of price, New York 1987, 4th Ed.

Public choice's application to government regulation was developed by George Stigler ( 1971 ) and Sam Peltzman ( 1976 ).

Several notable Public Choice scholars have been awarded the Nobel Prize in Economics, including James M. Buchanan ( 1986 ), George Stigler ( 1982 ), and Gary Becker ( 1992 ).

* George Stigler, The Organization of Industry ( 1968 ).

Stephen Stigler feels that he became interested in the subject while reviewing a work written in 1755 by Thomas Simpson, but George Alfred Barnard thinks he learned mathematics and probability from a book by de Moivre.

Sowell had initially chosen Columbia University to study under George Stigler ( who would later receive the Nobel Prize in Economics ).

* George Stigler, Theory of Price.

George Stigler estimated the impact of monopoly rent on the US economy to be fairly low, but he specially excluded labor monopolies from his studies.

* George J. Stigler, A Note On Block Booking, 1963 Supreme Court Review 152 ;

* George Stigler – economist, 1982 Nobel Prize laureate

* 1911 – During the Battle of Deçiq, Dedë Gjon Luli Dedvukaj, leader of the Malësori Albanians, raises the Albanian flag in the town of Tuzi, Montenegro, for the first time after George Kastrioti ( Skenderbeg ).

According to Hosea Ballou, then Pierre Batiffol ( 1911 ) and George T. Knight ( 1914 ) Amalric was a believer that all people would eventually be saved and this was one of the counts upon which he was declared a heretic by Pope Innocent III.

In 1911, Carnegie became a sympathetic benefactor to George Ellery Hale, who was trying to build the 100 inch ( 2. 5 m ) Hooker Telescope at Mount Wilson, and donated an additional ten million dollars to the Carnegie Institution with the following suggestion to expedite the construction of the telescope: " I hope the work at Mount Wilson will be vigorously pushed, because I am so anxious to hear the expected results from it.

Between 1909 and 1911 George Butterworth produced settings in two collections or cycles, as Six Songs from A Shropshire Lad, and Bredon Hill and other songs.

* 1998 – George Webb, English actor ( b. 1911 )

* 1911 – George V and Mary of Teck are crowned King and Queen of the United Kingdom of Great Britain and Ireland.

on the Coronation of King George V on 19 June 1911.

In 1911, he represented the Holy See at the coronation of King George V.

In Great Britain the Liberal government of Henry Campbell-Bannerman and David Lloyd George introduced the National Insurance system in 1911, a system later expanded by Clement Attlee.

William Butler Yeats photographed in 1911 by George Charles Beresford

** George Webb, British actor ( b. 1911 )

* July 28 – George Seaton, American screenwriter and director ( b. 1911 )

* April 9 – William George Aston, British consular official ( d. 1911 )

In 1911, the Festival of the Empire was held in London to celebrate the coronation of King George V. As part of the festival an Inter-Empire Championships was held in which teams from Australia, Canada, South Africa and the United Kingdom competed in events such as boxing, wrestling, swimming and athletics.

They had three children, Beatrice Smith ( March 19, 1911 – October 24, 1952 ), Ruth Ellen Patton Totten ( February 28, 1915 – November 25, 1993 ), who wrote The Button Box: A Loving Daughter's Memoir of Mrs. George S. Patton, and George Patton IV ( December 24, 1923 – June 27, 2004 ), who followed in his father's footsteps, attending West Point and eventually rising to the rank of Major General as an armor officer in the United States Army.

* Saintsbury, George Edward Bateman ( 1911 ).

" Portrait of David Lloyd George as Chancellor of the Exchequer by Christopher Williams ( Welsh artist ) | Christopher Williams ( 1911 )

In 1911 Lloyd George succeeded in putting through Parliament his National Insurance Act, making provision for sickness and invalidism, and this was followed by his Unemployment Insurance Act.

Lloyd George was considered an opponent of war until the Agadir Crisis of 1911, when he had made a speech attacking German aggression.

Lloyd George had a considerable reputation as a womaniser, which led to his being nicknamed " the Goat " ( coined by Sir Robert Chalmers, Permanent Secretary to the Treasury from 1911 ).

In 1911, David Lloyd George, then Member of Parliament for Caernarfon boroughs, which included various towns from Llŷn to Conwy, agreed to the British Royal family's idea of holding the investiture of the Prince of Wales at Caernarfon Castle.